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Nice rally Setting Up Big Moves

July 7, 2022

We are ending the week with a big catalyst, the Nonfarm Payrolls (NFP) report on Friday at 8:30 a.m. Eastern. We started the short week with the Federal Open Market Committee (FOMC). The S&P 500 (/ES) created a new low … Read more

Short Week with FOMC

July 5, 2022

  Heading into the short week we have a few catalysts. The Federal Open Market Committee (FOMC) event is happening on Wednesday at 2:00 pm Eastern, followed by a Nonfarm Payroll Job report on Friday.  Be mindful of the FED … Read more

Rollover vs. Reversion

July 3, 2022

  Happy Fourth of July, traders!  The S&P 500 (/ES) is in a downtrend, and the weekly squeeze is firing short. The /ES is trading at -2 average true ranges (ATR) below the 21 exponential moving average (EMA). Now the … Read more

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